Trump May Be Getting Lower Oil Prices But Its Not Due To 'Drill-Baby-Drill,' Peter Schiff Says Its More Of A 'Chill-Baby-Chill' Scene Out There - United States Oil Fund ( ARCA:USO ) , SPDR Select Sector Fund - Energy Select Sector ( ARCA:XLE )
Economist Peter Schiff says today's cheaper crude is less a "drill‑baby‑drill" success than a warning light for a sputtering world economy. What Happened: In an X post on Thursday, he argued oil is sinking because global trade is stalling and recession fears are throttling demand, not because ...
Golar entered into 20-year agreements for 5.95mtpa nameplate capacity in Argentina - one of the world's largest FLNG development projects.
Golar LNG Limited ( "GLNG", "Golar" or "the Company" ) is pleased to announce the Final Investment Decision ( "FID" ) and fulfilment of all conditions precedent for the 20-year re-deployment charter of the FLNG Hilli Episeyo ( "FLNG Hilli" or "Hilli" ) , first announced on July 5, 2024.
Cigna Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Cigna Group ( NYSE:CI )
The Cigna Group CI will release earnings results for the first quarter, before the opening bell on Friday, May 2. Analysts expect the Bloomfield, Connecticut-based company to report quarterly earnings at $6.35 per share, down from $6.47 per share in the year-ago period.
Spotify Adds External Subscription Link in App Following Court's Ruling Against Apple In Epic Matter - Spotify Technology ( NYSE:SPOT )
On Thursday, Spotify Technologies SPOT said that it had submitted an updated version of its app to Apple Inc. AAPL that includes an external link for U.S. users to purchase subscriptions outside the App Store. What Happened: The move follows a ruling by U.S.
Trump's Official Token Adopted As Treasury Reserve Asset By Nasdaq-Listed Company Seeking Fair, Free Trade Between US And Mexico - Freight Technologies ( NASDAQ:FRGT )
Freight Technologies Inc. FRGT has become the first public company to adopt the Official Trump TRUMP/USD meme coin as a treasury reserve asset, as announced on Wednesday. What Happened: The logistics management firm agreed to the issuance of convertible notes up to $20 million with an ...
Top Wall Street Forecasters Revamp Eaton Expectations Ahead Of Q1 Earnings - Eaton Corp ( NYSE:ETN )
Eaton Corporation plc ETN will release earnings results for the first quarter, before the opening bell on Friday, May 2. Analysts expect the Dublin, Ireland-based company to report quarterly earnings at $2.71 per share, up from $2.40 per share in the year-ago period.
GM Faces $5 Billion Hit From Trump Tariffs, But Prices To Stay 'About The Same,' Says CEO Mary Barra: 'We're Going To Respond To The Market' - Ford Motor ( NYSE:F ) , General Motors ( NYSE:GM )
General Motors Co. GM CEO Mary Barra says that U.S. President Donald Trump's tariffs on the automotive industry will cost the company over $5 billion, but assures that GM's pricing will remain the same. What Happened: The company expects a tariff exposure of anywhere between "$4 to $5 billion," ...
EXA Infrastructure selects Nokia to expand international connectivity network capabilities
• EXA Infrastructure's modernized network will support data center connectivity with significantly lower cost and power per bit to keep up with demand in the AI era. • Network capacity will increase by as much as 15% while reducing power and cost per bit by as much as 50%. • The upgrade with ...
McDonald's CEO: 'The US Economy Is Divided' As Wealthy Customers Keep Coming While Regular Families Cut Back - Amazon.com ( NASDAQ:AMZN ) , McDonald's ( NYSE:MCD )
McDonald's Corp. MCD is kicking off 2025 with a warning about a growing divide among U.S. consumers, noting a clear split along income lines.
China looks set to turn to a tariff-proof sector as U.S. trade war bites: K-pop
The about-face is as a "structural turning point" for the sector, aimed at not only combating tariffs, but also promoting domestic consumption, analysts say.
